By a News Reporter-Staff News Editor at Investment Weekly News -- - Cincinnati Financial Corporation (Nasdaq: CINF) announced that, at today's regular meeting, the board of directors declared a 48-cents-per-share regular quarterly cash dividend. The dividend is payable January 17, 2017, to shareholders of record as of December 21, 2016.
Steven J. Johnston, president and chief executive officer, commented, "The dividend just declared matches the one paid in October, which marked the 56th consecutive year that our annual cash dividend increased. Regular dividends are the company's primary method of returning capital to shareholders. Management and the board of directors remain confident that continuing to execute our strategic and operational plans, combined with strong capital, will support future dividends as well as profitable growth of our insurance business."
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